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have seen in years of trading and investing. they have worked in environments in the past. the stocks didn't rally on the weaker projections. more important is the fact that it didn't get crushed as much as it should have. the reaction isn't that note worthy given how wild the stock is. why hasn't it's been benign? remember, we were at 11,000 not that long ago. think about it. instead of the 13,000. we were down 11,000. that is where we are. why were these stucks down before the rise broke out? it hooks like we would be finishing higher for the day. this reminds me of when the greeks went crazy. i think the declines might not have occurred and it pointed to a couple of things. and it makes the market stronger than you would expect and maybe like boundy and not a flood. first they lag their benchmarks and they need to make up ground. the hedge fund managers are expected to beat the s&p 500. where you pay teeny tinie fees. what is the point of giving a manager a share of the profits if they can't do as well as the static machine? as the year ticks by, they are getting frantic. they have
her to be in that environment with the women going around with that. >> reporter: parents and neighbors are so fed up, they're planning a walk tomorrow night to raise awareness about the problem. omar torres with the nonprofit santa maria urban ministry is helping parents organize the walk. >> their children are exposed to gangs. their children are exposed to drugs. their children are exposed to a lot of negative things that happen in an urban environment. and, you know, adding what is happening on first street, it's, you know, it's -- it's frustrating to them. >> reporter: san jose police say the entire stretch of south first street and monterey road has seen prostitution activity since the 1980s, in part buzz of the high concentration of low-cost motels and the high volume of pedestrian and car traffic. these parents hope despite budget cuts, police will crack down on prostitutes here and let kids focus on their books, not hookers. and just a few blocks away at rocket ship elementary school, parents say their kids are seeing the same problem too. so they plan to join the
in identifying and operating in a secure environment. that's were industry comes into play. so i believe this partnership needs to be extended. we did in the physical domain for years under the critical infrastructure protection, cpac, advisory council that was created to address these 18 sectors. i think we can do that again moving in the future. i don't want to speak for shone but i noticed before, working under the confidence of national security initiative under the previous administration, nothing changed by the current administration. i don't assume anything will change in future because of administration. because cyber is a continual. it's not an issue. it's not an element to get something we have to address ongoing. and if you look at the advances that we made under the sea mci and the changes that we made, i think i continuing that capability it will enhance our awareness, enhance our capabilities. >> you talk about the need for sharing information, is there -- one of the stipulations, and this is a sticking point, was what laws should be passed for sharing information, for prot
it disappointing. now, i think paychex is a well-run business. while the company is facing a tough environment, the quarter wasn't terrible by any stretch of the imagination. it beat it by a penny on a 40 cents basis and 2% year over year. last time i thought that was the hugely important key metric. however, the growth year seems to be decelebrating. especially since that's why i'm thrilled to have marty, the chairman and ceo here to talk about the quarter. mr. mucy, welcome back to "mad money." >> good to be here, jim. >> i've got to oh tell you, i've been through these various downgrades and it's almost like they thought that the payroll numbers had dropped so we have 6.5 to 7% unemployment. the fact is we always thought it was this number that we cared so much about which was the actual 2% revenues number. it suddenly didn't matter. all the people looked at was you guys didn't capitalize on the gigantic increase on employment on the matter. >> we thought it was a good quarter. it met our expectations, client base and client retention all improving. we felt good. it was a good start to the
to a digital environment. we are going it have a lo of dpa that. it's going to be the rocket fuel. we'll understand much more about as you said which students in which contexts and which situations, lots more addition seg -- the ability to dissegregate the data and understand more about specifics. that's definitely one of the important things. and data will also help us understand more about how people learn in general. we'll be able to understand, you know, about how do people actually tend to learn fractions and people able to test them on the theories in a more rapid -- much more rapid format than our previous sort of manual situation. >> there is some agreement that there's at least a kerneling of a good idea here. i wonder if you could talk about. a good idea usually don't cost $5 million or less. how exactly would it work? >> let me start. >> okay. , you know, when asked about the budget for hypothetical organization we did what the architects do. we put a blueprint together and twhaibt it would look like. we think about the staff you would need for an operation and where the mo
operations are safe and clean for our communities and the environment. we're america's natural gas. >>> typhoon jelawat continues to roar in the far east. more than 50 people have been hurt. hundreds of thousands of homes without power on japan's islands of okinawa. the storm is comparable to a category 3 hurricane. we have report this morning of two opposition leaders killed in venezuela. the pair was stopped in a western state saturday. when they exited their vehicle, gunmen opened fire. opposition party candidates will face prison hugo chavez in elections one week from today. >>> protesters battled with riot police in spain saturday night. the austerity measures were imposed to help spain secure loans and reduce debt. unemployment in the nation is close to 25%. >>> today iraq, a series of bombings has left at least 16 people dead. thmajority of the blasts occurring in and around the city of baghdad. five explosions there and a car bombing at a check point that killed three iraqi police officers. >>> to syria now where rebel and government forces e fighting it out block by block.
so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and many others, we have picked losers. but there are so many technologies that have been developed is gps, the internet, but that is a research and development area handed over from the private sector. that is where
vulnerable in this environment? >> that is a tough call. i generally don't talk about equities we met. david: i know that tim certainly does. i know that you have some panning ones as well. let's talk about the ones you expect to do well. why do you think that international paper is a good stock. >> they are probably seeing pricing power. contrary to the data we are seeing, we are seeing names like them, really getting prices to consumers. their exposure there, this could mean eight up to 10%, you have seen it react already, it has more upside. david: las vegas. a lot of pickers love this stuff. why do you? >> well, you are still seeing a fair amount of exposure to an operation in singapore. about 30% of the revenue. only about 20% exposure to vegas. the numbers are just terrific. gaming revenue is great, a lot of stocks that are cheap. david: tim and brian larry, thank you for sticking around a little lower than usual. we appreciate it. david: colombia used to be the last place to do business. now, it has become the second-largest economy to all of south america. the man who orchestrated th
environment and perform tasks in a natural environment and be successful, and so modern life of course really impinges upon that. it is particularly acute, of course, for people who are doing shift work but ae also see it in things like jet lag where your biological clock may be messed up just for a few days, so i think the principles are trying to have temporal organization in your life. it is important to do the best that you can to consolidate sleep for a good six to seven hours. when it comes to eating, studies are showing us it is really best if you only eat during your active periods. for most of us that would be during the day and really try to cut out the nighttime or late night meals, and so giving yourself a little light during the active part of your life, making sure you consolidate sleep, getting your eating patterns to be coordinated with when you're active, those are the kind of things that will give you an edge in life. >> fascinating. thank you so much for sharing. we appreciate it. >> thanks, carol. >> we'll be right back. [ female announcer ] research suggests cell health p
what moody's does in this environment, where actually we're discussing whether there will be intervention on the ecb? >> first of all, i think it is very relevant because this would bring spain's rating down to junk levels, which is the lowest of all three rating agencies, so it's a pretty big deal. and then the ecb program can't be implemented until spain actually says they want help. so it depends what happens first. i think it's going to be a slippery slope. finally, we've got the budget coming up tomorrow. there are more painful cuts, it could mean more pain for spain and more pain for the euro. >> there's a lot of tifs in tha. >> you could also argue that all the central banks have been ineffective in generating momentum in the markets right now. so even if they're persistently buying, it's really about risk appetite and sentiment. i don't think there's enough there. central banks could come in and make another announcement, but i think having just made these unprecedented announcements, that that could lead to firefighting. >> what are you targeting? >> lo
producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> welcome back. we have weakness on wall street today. about 30 minutes left before the closing bell sounds. the dow jones industrial average down about 38 points in the home stretch. more from mary thompson. >> just about seven points above the lows of the day for the dow jones industrial average, pressured by europe. we want to highlight one group. you heard seema talking about some of the bounce back and the big tech names earlier today. the tech sector was the weakest performer among the ten we follow. energy right now has taken that slot. turning around in large part because we've seen a turn around in hewlett-packard. they've come off
. so there is -- it's a very skittish, very fragile environment. >> yeah. obviously, the q2 gdp numbers are old, a little dusty here, but they do not show any acceleration which is what we're trying to find clues to in the back half of the of the year. >> i think what happened is europe had a much bigger effect on business sentiment than many people thought. it's been dampening exports and capital spending which is what the durables reflect. as we moved through the summer and stabilized on europe, normally we might get some acceleration. the problem frou is you have the fiscal cliff and the election. people now have yet another excuse not to do anything. had europe not bled into the summer as long as it did, maybe you'd have gotten that spark in activity. but right now you just don't have it. >> are you taking a lot of solace in what housing's done, what confidence is doing? >> yeah, the housing numbers i think are great. that's one of the reasons the economy hasn't been strong to this point in the cycle. housing is keeping us from really stuttering on growth. we need more in housing, a
lockheed's f-35 program most at risk. goldman sachs says the current downsizing environment increases the potential for m & a activity. with the clock ticking down to fiscal armageddon, expect defense companies to send out layoffs after the holiday. that's your q-4 channel check for defense. i'm jane wells. >> all right. so let's dig deeper into which defense stocks could feel the biggest impacts if we go off the fiscal cliff. >> joining us is jeremy devaney. do you think we'll see those sequestration cuts in defense next year, $55 billion? >> good afternoon, bill. thanks for having me on. yes, we definitely think the fiscal cliff is coming, especially the sequestration cuts or the budget cuts for the defense department. right now the polarization up on the hill is not allowing for any movement in legislation to resolve that issue. >> all right. so let's talk about sort of breaking this down. first off, when are you expecting the defense companies to alert employees that their jobs will be cut? is that october 1st or november 2nd? what's your end date? >> sure. we're looking at novemb
of the more mature companies. >> what matters is if you create an environment for people to invest in the united states. the last several administrations i went to washington if intel is going to build this next major manufacturing facility the net present value of the facility in a u.s. compared to a lower corporate tax environment is $ billion. it's a tough sell to be patriotic and have that facility in the u.s. cut the corporate tax rate down to a competitive level. i think technology will continue to advance. the problem is keeping the good ideas in the u.s. and create jobs. >> it can happen in spite of things or you can help or be sort of in the way? >> or you can facilitate for an economy which is growing. what we do with foreign graduate students, taxpayer money pays to educate them to get thai masters and ph.d.s and tech topics and our immigration policy says go home. it's a brilliant philosophy. >> you said the growth in intel will be abroad. whatever the tax policy is, i imagine you have to go abroad on manufacturing and engineering. you want to go to the customer. even i
are taking risks. >> oh, sure, in this environment, i mean, you know, we're watching liquidity like a hawk because there's great sense tomorrow morning it could go the other way, in effect you don't invest as much, you don't take as much risk. >> how would you counter the argument that businesspeople and the wealthy have had their way for the past 2030-years as they've increased their lead in terms of income disparity and gotten richer and richer, and you would have hoped that some of that would have trickled down, if it works you would have hoped the average person would have participated in the good times and haven't and you need a president that is going to come in for the powerless people that aren't able to set policy and pay to go do things and you need someone that will represent them in the future. how was is that pretty damned good? >> yes, sir. >> you can take this. thank you for writing it for me. >> i'll get you a job at "the new york times." the reality is as follows. the whole focus has been on how the quote, one percenters or ten percenters, how the top earners moved ahead o
is slowing. a lot of people say, look, what they're really doing is saying even in this environment we're going to make far more money than we have in the previous downturns if we get it at $6 in earnings, which is well below what they think they can earn. we'll still pay the dividend. i come back and say the acquisition, which they made and a lot of people were critical of, is working. that the synergies are working. that the costs taken out in regards to manufacturing, look, the world is slowing but it is not a disaster. that's why caterpillar is not at 885. >> do you lump this with the warnings from intel and fedex. it is a global company looking at a slowing global company. >> there isn't anything specifically i saw in the cat release that was saying we are not getting it right. this caterpillar is ready for a downturn unlike any other caterpillar we have had. a lot of times caterpillar had terrific numbers in the presentation about how low earnings have been in the slowdown. the headlines for this story, i'm sure he's at home saying, that's not what i said. i did not say things we
that will generate a safer environment and save drivers money. >> each tenth of a second that adds to a yellow light will drop, that's why you have the cameras. >> that was cheryl hurd reporting. >>> there was a lot on the line, president obama took on the world stage today, stepping before the united nations general assembly. in the wake of the anti-american protests in the middle east, the president encouraged the assembly to stand fast against violence and extremism. he argued protecting religious rights and free speech must be a universal responsibility. not just an american obligation. >> the attacks on the civilians in benghazi were attacks on america. there should be no doubt that we will be relentless on tracking down the killers and bringing them to justice. >> there is no speech that justifies mindless violence. >> mitt romney has tried to cast president obama as a weak leader in terms of the global situation. too quick to apologize for american values. >>> what crews uncovered under san francisco's city hall after the '06 earthquake. and what they'll do next. >>> a bay area doctor is soun
and changing environment. >> this area has been fanfogged but they have not been located all of these breeding grounds. in brentwood, kron 4. >> decision 2012. a candidate in the bay area is not all mitt romney or obama. however, roseanne barr spoke in oakland, yes, that roseanne barr. jeff bush. >> it was a packed house and everybody was gathered for a town hall style to meeting. the star was roseanne barr. and 90's television star is running for president. and her main is marijuana. >> id should be totally illegal. we live in a free country and we should be able to smoke and drink what ever we choose. as an adult taxpaying citizens. and if we are indeed a free country? then we should not be going to prison for a joint. >> she was motivated to run for president after the t e eight on legal cannabis clubs. of the d e a m i think that obama is gone back on his word and i think this is where obama has said federal troops against states' rights. and all must of the very same week that he said marriage equality was a state right. >> roseanne barr wanted to run under the peace and freedom because s
out if the environment was able to sustain life. >>> time, now, for weather across the nation. heavy downpours and flooding around boston, new york, philly and d.c. thunderstorms from the ohio valley to memphis and little rock. scattered showers along the gulf coast. and drenching rain in west texas. showers in the rockies. >>> 70s from billings to albuquerque. and in the middle of the country, from minneapolis to kansas city. 80s across the south. >>> and when we come back, get ready for a ferris wheel that can carry, get this, more than 1,400 riders at 1 time. >> if that doesn't get stuck. >>> more big banks getting caught up in a wave of cyber attacks. but who's behind them? >>> and we're talking about mom genes, the dna that makes a woman want to be a mother. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. go to our website below to get u-verse high speed internet for just 14.95 a m
or use the reusable bags. it is a waste of plastic. >> reporter: the department of the environment is charged with enforcing the measure but it will be up to customers to report businesses not in compliance. >> if a business is refusing to comply then they are subject to fines. >> reporter: $100 for a first offense, all the way up to $500. he is ordering his new bags. >> i still have plastic bag i need to get rid of and replace them. >> reporter: he is afraid the extra fee will be bad for business and some agree. >> i think it is a rip off to the customer. >> they see why it might be beneficial. >> what do you do when you get home? push it in the trash. correct? >> reporter: the bag pan extends oo all restaurants next -- to all restaurants next october. ann rubin, ktvu channel 2 news. >>> the supreme court began a new session today with several big cases. a ruling is expected for this session in the debate over same- sex marriage and the government's defensive marriage act, defines marriage as a union between a man and a woman. and restricts benefits for gay couples. >> so it is no
mass-oriented environments where it's pegboard and they point you to aisle four, go find it yourself. we've done research that shows in certain categories, especially foundation, the consumer shop en masse, she spends more than when she buys in prestige where she buys in the store to the exact match foundation. the value proposition is around service which is why in this market, in north america, very high percentage of the total beauty business that's done in prestige like macy's because of that service proposition and a relatively low, absolute value differential in the price point. >> we continue to see companies go in and have difficulty in china. one company told us last week that western companies are going into china with western views about the chinese consumer and their loyalty and they're finding that that consumer passes them by in different ways. are there lessons you've already figured out on that front? >> we've been doing business in asia for 30, 40 years. and we first started in japan in the early '70s, then expanded into korea and hong kong. we've been in china doing
that sports a yield, exactly the kind of dividend stock you want in this low interest rate environment. it's rallied since the beginning of the year, but lately it's pulled back three points. it could be giving you a good entry point here. first though, before making any decisions let's take a closer look with the chairman and co-ceo of prologis. brand new guest, brand new name. welcome to "mad money." >> nice to meet you. >> first, you just have the biggest building portfolio i've ever seen. it's global, right? just giant. >> it is pretty big and it's pretty good, which is more important, right? >> the reason i asked, normally i like to have real estate investor guys on because they know the tenor of the united states but you have huge exposure. in your most recent conference call you actually talk about -- what it's like in japan, china, brazil, canada. mexico. and these are doing very well. >> they are indeed. we're in 21 countries and with the exception of a few countries in europe, the rest of the world is actually doing pretty well. including some of the places in europe and northern
think the environment's different. so we just can't take all that evidence and apply it blindly. i think it has diminishing returns. and frankly while we have some evidence that interest rates decline we don't know they were permanent. people argue it was transitory and we don't really directly observe the impact on employment and output. >> we did see some economic indicators today, i was talking to you before we came on camera because during the your speech we got the release of consumer confidence was up substantially in the month of september, in part on people feeling better about their job prospects. about higher stock prices. you know, the so-called wealth effect would help make people feel wealthier, invest, they would spend more. what do you make of that, and -- >> well, i mean, if consumer confidence went up, i think generally that's a good thing. that is usually a good indicator of things to come but, you know, i think we have to be careful about reading too much into the entrails here what sort of actually caused it or not. i do think we have to be careful, i am not a big fan
does not feel the competitive environment -- it is down 4% but also down 6% year to date. tough time when david einhorn piles itown by it is coming back. david asman down 36 points. dave: david einhorn was shorting one stock but also long enough. when david einhorn speaks people listen. cheryl: when nicole petallides speaks we listen. the new york stock exchange giving up early-morning games. nicole: at talk to some traders talking about the fact we have been in a narrow range and the choppy market and that is the day today coming close to the unchanged line. dave: apple is in the green. earlier it was in the red and had the $650 mark and was $700. people saw 650 and it won't be this low for long. nicole: people see that as a buying point. people like to bion that and go into that category and they go into that category. cheryl: chipotle diving today but made some bearish comments on the other side and as i mentioned general motors and warren buffett got in a little while ago. nicole: you don't fight einhorn. going against that particular day. the competition is up and general
with a diverse group of needs. what is it you offer? an easy regulatory environment? educated workforce? low tax rate? what is your main draw? >> to be successful you have to do it all and we are focusing on all those things. we built on technology. texas instruments was one of the founding fathers and when you build a city on technology that happens. when we have the f.w. airport when you get any place in the nation very quickly the third busiest airport in the world, it helps a lot and city hall we make sure we get things in and out and make decisions and don't get caught up in a lot of bureaucracy. try to minimize that as much as we can. melissa: some things to highlight. you have a budget surplus of $2.3 million and that has to do with property tax base because home values did not go down -- go up or down as much. they have been stable. over the next five years you see 12.8% job growth ranking number 4 nationally. the biggest category you are going to add 127,000 professional and business service jobs. who should come to dallas looking to find a job? >> at at&t, move from san antonio and att
on thursday. in an environment when many people were frightened that the food business would take a big hit courtesy of that horrendous drought, both of these companies reported nothing short of phenomenal quarters. both stocks are trading at or near their 52-week highs, but if you want to put a resurgence of the packaged food group, i now think you've got to look elsewhere. you want a stock that hasn't run. even as it's benefiting from the exact same trends as conagra and general mills. why were their quarters so good? what pieces of evidence can we glean from their earnings reports? this is fun for me. it should be fun for you. i want to put fun into this, for heaven's sake. that's how you make more money. first, both general mills and con agra indicated the commodity costs can be moderating. now they've got two major food companies saying it's not as bad as you think. conagra is probably more sensitive to raw costs and they slashed their cost inflation guidance down to 3% and the ceo there had been the most honest about how bad inflation has been for his company. second, a little cue fro
. that's what's good about this environment. >> that would seem to suggest a floor on this market, erin. do you feel like we are seeing wear and tear in this rally? would you take profits here? what are you doing? >> no, we still believe in buying. there's still value out there. there's still obviously strong stocks. one thing i would say is we're definitely more biased towards u.s. equities versus european still, even with the ecb announcement. >> in terms of the vulnerable parts of this market, larry, do you see any? >> well, i think there's -- for one thing, if you look at what's going on in china, they are gradually shifting away from investment spending and construction and toward the consumer. for example, we like the energy more than we like the materials. so i think that is one thing that we're looking at in terms of sectors. health care looks very cheap, although with good reason given all the regulatory uncertainty here with the election coming up. yeah, so that's basically it. >> all right. thanks, everybody. we appreciate it. see you soon. we're in the final stretch here. ju
it is a constantly changing environment out there. >> this area has been fault about a dozen time this season but the vector control has not been able to locate all the mosquito breeding grounds in brentwood alicia read kron 4 news. >> anywhere to watch one of the eight most exciting events of the year. sponsored by g san francisco's fleet week activities will bring you all this out sights and sounds will bring it to you live. . kron 4 blue angels live starts on saturday at 3:00 p.m.. still aheadthe kron t getting started we will tell you why if you are thinking about going into san francisco and driving you may want top on public transportation. here is a live look at the bay bridge toll plaza is still spotty. it will be a nice day you can see the cars it will be a nice day not a problem here. and 1 mi. visibility for half moon bay 3 currently in hayward. no. they valley at about 9:00 a.m. will still be sitting of the bay and along the coastline by noontime still hugging the san mateo coastline plus the golden gate bridge and then pushing back into the overnight hours so as not point to be t
makes a subaru, a subaru. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> flnts unionville, tennessee, are looking for answer where's, two young children are missing after investigators failed to find the remains in a house fire that killed their grandparents. susan candiotti is following the situation and is live from new york. >> good morning, gary. what happened to those two youngsters a week after their grandparents were killed in a raging fire. their grandchildren are nowhere to be found, and then there's this. so far investigators tell me they have found no evidence of foul play. >> reporter: more than a week after sifting through ashes and debris, investigators have found no sign of chloe and 7-year-old gage daniel. no sign the youngsters were there, and so far no evidence they weren't when an inferno swept through the home where t
over the tax environment for 2013." one piece of data. i don't know what kind of score you get on the vindicated doves here. but you can see the average coming down. the actual numbers before averaging them, 385 down to 359. get something improvement in jobs numbers together with the consumer snichlt jobs component was not too bad. we'll have to watch this closely. but right now we're taulg this vindicated doves and maybe there's another game out there, angry hawks but michelle has a much easier time of making this stretch of a metaphor to an app. all you. >> from vindicated doves, right? hi, simon. >> yes. let's get on with the bad piggies. i can't wait, michelle. not offensive to europeans at all. not offensive at all. you talk about the little piggies in southern europe. you go ahead with it. >> they went wee, wee, wee -- >> the new game is called bad piggies. this is an acronym used on wall street for portugal, ireland, italy, greece, and pain spain. piigs. two is there. let's give you the state of where they are right now. and the best way we thought was their ten-year yie
. >> sure. >> so as you look forward, how do you invest in an environment that looks like we're going to have easy money for a long time? you've kind of changed the typical asset allocation most people go to. >> oh, yeah, it's a crazy world. at oppenheimer we're talking about the new 60/40. people's portfolios are perfectly positioned for the past. they're positioned for 2008. we're still seeing 30 billion a quarter flowing into core bond funds, which are yielding negative in real terms, below inflation. that's madness from our point of view. investors have to understand that the notion of what is safe and what is risky has to be adjusted a little bit. safe doesn't mean securities that have a lot of interest rate risk and no yield. that is not what safety means to us today. again, given the plentiful liquidity and what we think is a moderate global recovery, we think it's safe to move out into more credit-oriented investments, more higher income investments. >> high yield corporate? >> high yield continues to look good in our view. it's come that lot but far from how tight it can get.
understands how to create an environment for jobs so we can help families and make life work for people again. that's really what we're talking about. >> eric, whoever wins, do they have a mandate, if the president is reelected, is that a mandate for saying yes, we go forward with health care and forward with the tax plan? >> i this i there's no question that this is a mandate on whether you think government needs more tax dollars right now or we need to address the situation of the spending and n inc incurrence of more debt. we need to find a way to come together and have to act like folks do and their families and businesses and say normal reasonable people can disagree but let's find ways to work together and set aside those disagreements. >> if the president is reelected, how do you work with him and what is the proposal that's put on the table to try and move forward at some point? >> again in the hypothetical, if the president is reelected, i do think that he said he's not signing a bill that will keep taxes and the rates where they are. now we'll have to see what kind of sort of growt
to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. >>> governor mitt romney speaking at a huge rally actually. very excited crowd in westerville, ohio, near
of the environment is overseeing the changeover and hopes the new rules will encourage customers to change their habits and bring reusable bags when they shop. the dime surcharge is aimed at helping the retailers offset their increased costs associated with switching from plastic to paper or compostable bag. restaurants and takeout food places are exempt for right now. they will be included in the plastic bag ban next year. we're live in san fran, ktvu channel 2 news. >>> family and friends of an oakland man shot and killed by police are demanding more details about his death. >> justice for alex. >> 18-year-old alan bluford was killed when he ran from police. the following day police said a gun believed to have been the suspect's had not been fired. instead the officer had shot himself in the foot. police say there are witnesses who saw the suspect point a gun at police. the family is suing the city. >>> the trial begins tomorrow for the woman accused of killing nursing student michele lei. she disappeared from kaiser permanente in hayward on may 27, 2011. her body was found a couple mont
. i think that's really the answer to jobs, because in a zero corporate tax rate environment if the private sector doesn't create tens of millions of jobs, i don't know what it's going to take to create tens of millions of jobs. it's the answer when it comes to exports bleeding out all existing federal tax out of all goods and services. it's the answer to china. i see manufacturing jobs flocking back to the united states given a zero corporate tax rate environment. are you hearing these things from these other two guys? no, not even remotely close. they're arguing over who's going to spend more money on medicare. romney says he wants to balance the federal budget, but that he wants to increase spending for the military. well, it doesn't add up. and if we want to believe in the things that these guys are saying, then i guess we belief in the easter bunny and santa claus and by extension the tooth fairy and, steve, i don't think thai coming. >> host: gary johnson is with us, and want to remind viewers we'll a add a fourth line this morning for third-party voters, 202-585-3883 i
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it in this environment. i'd like to see us do whatever we're going to do -- >> the world's gotten a lot more dang ruerous in the last month. >> it is but we're coming out two of wars thate expen expensive, so i think you have to play with the whole deck of cards. in the long run we ought to change our tax system dramatically. i don't think we can do that in the short run. in the long run i'd love to see us go to encouraging savings and investment, some type of consumption tax at the income tax level. >> is anyone going into politics with a full deck of cards? >> well, increasingly no. >> marty, i want to just speak to one issue which is globalization in the whole tax debate during the commercial break, joe and i were talking about revenues, percentage of gdp and given the economic uncertainty and the economic headwinds we've had over the past three or four years but how much, when you think about the little revenue that we're bringing or a lot less revenue we're bringing in, how much of that is a function of just straight up the economy and how much of that is globalization? >> oh, it's not globalization
would've sat back and done nothing in this environment. >> yeah. they're doing a lot to try and support the opposition and create the space in which you can get a solution to it but e real problem in syria is that if this j ces on, it'll go even deeper in to what will be a civil war that can spill out into surrounding countries. i think there is a need to look at what more we can do to create, for example, places of safety for the opposition. ttftio me it clear that is a acly that message is being delivered very strongly by your government, the european governments, as well. the other change there is in the region, frany, now there's a lot of support from many of the surrounding countries in the region for a change of regime th act it with something that is democratic and stable. >> what are some of your suggestions to provide the safety for the oppositions. to do some more to provide the space? >> i think what ople are looking at. whetr it's possibleo ce areas within syria in which the opposition can move and we can give them some protection. the uth is what assad is doing is basicall
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